ODEA BANK A.Ş.

Deposit Guarantee

Deposit Guarantee
Yes (up to 100,000 TRL per depositor)

Deposit guarantee scheme is a financial stability mechanism implemented in many countries to protect bank depositors against the loss of their deposits in the case when a bank is unable to meet its obligations to depositors by compensating certain deposits held by depositors of the bank. This compensation is paid out from the contributions which banks have made into a deposit guarantee fund.

Deposit Guarantee in ODEA BANK A.Ş.

All credit institutions operating in Turkey are obliged to participate in Turkish deposit guarantee scheme.

ODEA BANK A.Ş. is a member of Savings Deposit Insurance Fund (SDIF) and makes its contributions into it. In the case of ODEA BANK A.Ş. failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Maximum Protected Amount
100,000 TRL
Eligible Depositors
natural persons
  • residents of Turkey
  • citizens of Turkey
  • foreign residents
  • foreign citizens
Non-Eligible Depositors
legal entities
Covered Accounts
private current accounts
participation accounts
precious metals accounts
Covered Currencies
all currencies, namely
  • TRL (Turkish lira)
  • foreign currencies
Paid In Currency
TRL

Savings Deposit Insurance Fund (SDIF)

Büyükdere Cd. No: 143, 34394 Esentepe Şişli İstanbul, Turkey
+90 212-340 20 00

Further Information

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